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October 3rd 2008. President Bush signed legislation, the
Emergency Economic Stabilization Act of 2008, H.R. 1424 (the
bank bailout bill), that includes a new federal-level
investment tax credit to help consumers purchase small wind
turbines for home, farm, or business use. Owners of
small wind systems with 100 kilowatts (kW) of capacity and
less can receive a credit for 30% of the total installed cost
of the system, not to exceed $4,000. The credit will be
available for equipment installed from January 1, 2008 through December
31, 2016. For turbines used for homes, the credit is limited
to the lesser of $4,000 or $500 per 1/2 kW of rated
capacity. The legislation passed today also extends and
expands a similar credit for the solar industry that was first
passed in 2005. Residential and commercial solar PV
installations can receive a 30% credit, capped at $2,000 for
residential applications in 2008 but uncapped for commercial
uses now and for residential applications starting in 2009.
For more details see http://www.energystar.gov/index.cfm?c=products.pr_tax_credits
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September 28th 2008. Greg Nielsen emailed State
Representative Geoff Hansen about House Bill 6006 which is in
committee (if passed, would create a 50% tax credit on your
State Tax Return for residential energy installations).
He replied that he supports the bill and hopes it will receive
a hearing before the end of this year. He also attached
a copy of the recently passed State Energy Bill (click
here to read it) which directs all utilities to allow
true net metering in Michigan, and to produce 10% of their
energy using renewable sources within 7 years, and how they
will be adjusting their billing to reflect true usage, meaning
lower rates for business and higher rates for residents.
This increase will make residential power production even more
attractive while at the same time make Michigan more
attractive to businesses who may bring jobs to the state.
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August 26th - August 30th Greg
Nielsen completes training in San Jose, California on
partnering with AEE Solar, followed by Enphase Micro-Inverter
products and installation, Quick Mount PV products and
installation, and Unirac products and installation.
Various wind generators and solar modules were also reviewed.
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July 28, 2008 Greg
Nielsen completes online Webinar on AEE Solar
Dealership. See the frequently asked question link above
(FAQ) for information on various aspects of solar and wind
energy products, installation, and use. Please direct
any additional questions not covered in the FAQ to us by
visiting the Contact Us link above.
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July 17, 2008 Greg
Nielsen completes online Webinar on Enphase Energy's
Micro-Inverters.
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July 15, 2008 Greg
Nielsen of Shelby Solar and Wind becomes an authorized dealer
for AEE Solar. Browse the entire product catalog online
by clicking
here.
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June 14, 2008 Greg Nielsen -
Licensed Builder filed a dba with the Oceana County Clerk: Shelby
Solar and Wind is formed.
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